Sale of company

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 December 2011 Please help me on the following problem?

My one assessee is having private limited company. The directors want to wind up the operations. But instead of winding the operations now the directors are planning to sell the company to my other assessee who is an individual. That individual will then run the business of that company and will become director of that company.

Please help how it will be done?

Guest

Guest (Expert)

17 December 2011 Follow following steps:

1. appoint 2 new directors who are purchasing this company

2. shift registered office of company where ever new directors wish

3. transfer all the shares of company to new persons who are purchasing this company

4. resign the old directors

5. change the auditors, if required

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

bhavesh

Srikanthan S

rana andcompany

Pranab Banerjee

Gurunathan kannan

Subscribe Now

Sale of company

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

Manager- Finance and Compliance

CA Final

Senior Executive

GST CONSULTANT

GST CONSULTANCY